HSN Code 73042400 provides the tax classification for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel under Chapter 73 – Articles Of Iron Or Steel of the GST tariff. Businesses dealing in Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is kg..
HSN Codes under Chapter 73 – Articles Of Iron Or Steel
Below are related HSN codes from Chapter 73 – Articles Of Iron Or Steel for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Articles Of Iron Or Steel... | 73011000 | Sheet Piling Of Iron Or Steel, Whether Or Not Dril... | 0.09 | 0.09 | 0.18 |
| Articles Of Iron Or Steel... | 73012010 | Sheet Piling Of Iron Or Steel, Whether Or Not Dril... | 9.00% | 9.00% | 18.00% |
| Articles Of Iron Or Steel... | 73012090 | Sheet Piling Of Iron Or Steel, Whether Or Not Dril... | 0.09 | 0.09 | 0.18 |
| Articles Of Iron Or Steel... | 73021010 | Railway Or Tramway Track Construction Material Of ... | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021011 | Head Hardened Rails | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021012 | Asymmetric Rails With End Forging | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021013 | Asymmetric Rails Without End Forging | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021014 | Other Than Asymmetric Rails And Head Hardened Rail... | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021019 | Other | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021020 | Railway Or Tramway Track Construction Material Of ... | N.a. | N.a. | N.a. |
GST Rates for HSN 73042400
The tax structure for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel under HSN Code 73042400 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 73 – Articles Of Iron Or Steel.
Who Should Use HSN Code 73042400?
Manufacturers, wholesalers, retailers, and exporters dealing in Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel are required to mention HSN 73042400 on all tax documents. This classification under Articles Of Iron Or Steel applies to businesses of all sizes operating within Chapter 73. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to trade in Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel? Complete GST registration to legally collect taxes on goods under HSN 73042400. Businesses importing or exporting Articles Of Iron Or Steel products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Correct HSN Code 73042400 application for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 73 – Articles Of Iron Or Steel through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel under HSN 73042400 are published in government notifications and the CBIC website. Current rates are CGST 0.09, SGST/UTGST 0.09, and IGST 0.18.
Yes, online marketplaces and e-commerce operators selling Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel must mention HSN Code 73042400 on invoices. This Articles Of Iron Or Steel classification applies to all sales channels under Chapter 73.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel under HSN 73042400.
GST rates for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel and other Articles Of Iron Or Steel products under Chapter 73 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.09, 0.09, and 0.18 revisions.